A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term bond fund, and the third is a money marke fund that provides a safe return of 8%. The characteristics of the risky funds are as follows: The correlation between the fund returns is 010 . After constructing the optimal risky portfolio, you offer this risky portfolio to a client with a degree of risk aversion A=3.1, assuming a utility function U=E(1)12AO2. What proportion, y, of your client's complete portfolio should be invested in your fund? (Do not round intermediate calculations. Input your final answer as a percent, rounded to 2 decimal places ie. 20.20% ) Numeric Response